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Norfolk Southern Corp. Form 4 Filings

NSC NYSE

Every Form 4 that Norfolk Southern Corp. (NSC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A Form 4 covers the transactions officers, directors and large holders report, so if you follow NSC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NSC filings page.

Rhea-AI Summary

Norfolk Southern Corp. director John C. Huffard Jr. reported acquiring 333.33 shares of common stock through the Tink and Buck Legacy Trust 2026 in an estate or will transfer on October 8, 2026. The trust held 333.33 shares following the transaction. No Rule 10b5-1 plan is reported.

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Norfolk Southern director John C. Huffard Jr. received 171.521 deferred stock units on September 30, 2026, for quarterly fees deferred under the Directors' Deferred Fee Plan. The reported price was $309.0000 per unit, based on the common stock's closing market value on the last trading day of the quarter. His account held 3,306.5849 deferred stock units after the credit. The units ultimately will be satisfied in cash, not common shares, upon his retirement or at another time elected under the plan.

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Norfolk Southern Corp. director Richard H. Anderson acquired 177.9935 deferred stock units on September 30, 2026, under the Directors' Deferred Fee Plan for deferral of quarterly fees. His account held 1,949.0371 deferred stock units following the credit. The units are calculated based on the closing market value of common stock on the last trading day of each quarter and ultimately will be satisfied in cash, not shares, upon retirement or another elected time under the plan.

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NORFOLK SOUTHERN CORP (NSC) President & CEO Mark R. George exercised 2,653 Restricted Stock Units into the same number of shares of common stock on September 13, 2026, as part of a grant made on September 13, 2024 under the Norfolk Southern Corporation Long-Term Incentive Plan.

In connection with this settlement, 1,035 common shares were delivered or withheld for payment of exercise price or tax liability at $323.30 per share. Following this installment, George holds 29,664 Restricted Stock Units directly, which will ultimately be settled in common stock. No Rule 10b5-1 trading plan is reported.

Rhea-AI Summary

NORFOLK SOUTHERN CORP (NSC) director John C. Huffard Jr. reported two compensation-related acquisitions of derivative awards. He received 12.1629 deferred stock units under the Directors' Deferred Fee Plan, credited via deemed dividend reinvestment and ultimately payable in cash, bringing his holdings in these units to 3,135.0639.

He also received 20.4666 restricted stock units under the Long-Term Incentive Plan as dividend equivalent payments on existing RSUs, bringing total RSUs to 5,294.8540. These RSUs will ultimately be settled in common stock.

Rhea-AI Summary

NORFOLK SOUTHERN CORP (NSC) reported that director Lori Ryerkerk acquired 2.7961 Restricted Stock Units linked to common stock on 2026-08-20. These RSUs were credited under the Norfolk Southern Corporation Long-Term Incentive Plan as dividend equivalent payments on RSUs she already holds and will ultimately be settled in common stock. Following this award, she directly holds a total of 1345.3838 Restricted Stock Units.

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For NORFOLK SOUTHERN CORP (NSC), director Gilbert H. Lamphere reported an acquisition of 2.4343 Restricted Stock Units on 2026-08-20. These units were credited as dividend equivalent payments under the Norfolk Southern Corporation Long-Term Incentive Plan and will ultimately be satisfied in common stock, bringing his directly held restricted stock units to 629.7679.

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NORFOLK SOUTHERN CORP (NSC) reported that director Christopher T. Jones received a grant of restricted stock units as a derivative acquisition. On 2026-08-20, 20.4666 restricted stock units tied to common stock were credited to his account under a long-term incentive plan as dividend equivalents, increasing his directly held restricted stock units to 5,294.8540, which will ultimately be settled in common stock.

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NORFOLK SOUTHERN CORP (symbol: NSC) is the issuer of record for a Form 4 filing submitted to the SEC.

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NORFOLK SOUTHERN CORP (NSC) reported that director Sameh Fahmy acquired additional derivative-based equity through the company’s Long-Term Incentive Plan. On 2026-08-20, he received 7.0878 Restricted Stock Units as dividend equivalent payments on RSUs already held, valued at $347.9050 per unit. These RSUs will ultimately be settled in common stock, bringing his directly held RSU balance to 1,833.6607 units.

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NORFOLK SOUTHERN CORP (symbol: NSC) is the issuer of record for a Form 4 filing submitted to the SEC.

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NORFOLK SOUTHERN CORP (NSC) reported that director Phillip S. Davidson received an acquisition of 9.7808 Restricted Stock Units on August 20, 2026 as a grant/award under the Norfolk Southern Corporation Long-Term Incentive Plan. These RSUs were credited as dividend equivalent payments based on the market value of the common stock on the dividend payment date and will ultimately be settled in common stock. Following this award, Davidson holds a total of 2,530.3740 Restricted Stock Units directly.

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NORFOLK SOUTHERN CORP (NSC) reported that director Francesca A. DeBiase received an automatic acquisition of 8.3334 Restricted Stock Units on 2026-08-20. These RSUs were credited as dividend equivalent payments under the company’s Long-Term Incentive Plan and will ultimately be settled in common stock, bringing her directly held RSU balance to 2,155.9242 units.

Rhea-AI Summary

NORFOLK SOUTHERN CORP (NSC) reported that a director, as the reporting person, received a grant of restricted stock units as a form of dividend equivalent under the company’s Long-Term Incentive Plan. On 2026-08-20, the reporting person acquired 7.0878 restricted stock units, credited based on the market value of Norfolk Southern common stock on the dividend payment date, increasing their directly held restricted stock units to 1,833.6607. These units are stated to be ultimately settled in common stock.

Rhea-AI Summary

NORFOLK SOUTHERN CORP (symbol: NSC) is the issuer of record for a Form 4 filing submitted to the SEC.

Rhea-AI Summary

Barr Brian reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP reported that Chief Operating Officer Brian Barr received a grant of 1,456 Restricted Stock Units on July 27, 2026 under the company’s Long-Term Incentive Plan. Each unit is the economic equivalent of one share of common stock and will be settled in stock, vesting in three annual installments beginning on the first anniversary of the grant date. Following this award, Barr directly holds 4,404 restricted stock units.

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Huffard John C Jr reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director John C. Huffard Jr. received 168.4733 deferred stock units under the company’s Directors’ Deferred Fee Plan. The units were credited based on the common stock’s closing market value of $314.5900 per share and increase his deferred balance to 3,122.9010 units. These units are cash-settled, to be paid upon his retirement or at another time elected under the plan, so this is a compensation-related award rather than an open-market stock purchase.

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ANDERSON RICHARD H reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director Richard H. Anderson received a grant of 251.2031 deferred stock units under the company’s Directors' Deferred Fee Plan, based on a reference price of $314.59 per unit. Following this award, his account holds 1,764.1726 deferred stock units.

These units track the value of Norfolk Southern common stock but will be settled in cash, not shares, after his retirement or at another time allowed by the plan. This is a routine compensation-related award, not an open-market purchase or sale of stock.

Rhea-AI Summary

Huffard John C Jr reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director John C. Huffard Jr reported two compensation-related awards on May 20, 2026. He received 22.4811 restricted stock units as dividend-equivalent credits under the Long-Term Incentive Plan, which will ultimately be settled in common stock. He also received 12.7350 deferred stock units as dividend-equivalent credits under the Directors' Deferred Fee Plan, which will be settled in cash at retirement or another elected time. Following these awards, his accounts held 5,274.3874 restricted stock units and 2,954.4277 deferred stock units, all reported as directly owned.

Rhea-AI Summary

Ryerkerk Lori reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director Lori Ryerkerk received additional restricted stock units as part of her compensation. She was credited with 3.0714 restricted stock units on the basis of the market value of the company’s common stock of $315.3800 per share on the dividend payment date.

These units were granted as dividend equivalent payments under the Norfolk Southern Corporation Long-Term Incentive Plan and will ultimately be settled in common stock. Following this award, Ryerkerk holds a total of 1,342.5877 restricted stock units directly.

Rhea-AI Summary

LAMPHERE GILBERT H reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director Gilbert H. Lamphere reported a small compensation-related equity award. He received 2.6739 restricted stock units credited to his account under the Norfolk Southern Corporation Long-Term Incentive Plan as dividend equivalent payments, based on the market value of the company’s common stock on the dividend payment date. Following this award, he holds a total of 627.3336 restricted stock units, which will ultimately be settled in common stock rather than cash. This filing reflects routine, non-market compensation activity rather than an open-market stock purchase or sale.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director Christopher T. Jones reported an acquisition of additional derivative equity under the company’s Long-Term Incentive Plan. On May 20, 2026, he was credited 22.4811 Restricted Stock Units, based on dividend equivalent payments tied to the market value of Norfolk Southern common stock.

These units will ultimately be settled in common stock. After this credit, Jones holds a total of 5,274.3874 Restricted Stock Units directly. The transaction reflects routine plan-related accruals rather than an open-market trade.

Rhea-AI Summary

Heitkamp Mary Kathryn reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director Mary Kathryn Heitkamp reported a small, routine compensation-related transaction. She received 7.7854 restricted stock units as a grant tied to dividend equivalent payments under the company’s Long-Term Incentive Plan, based on the market value of the common stock on the dividend date. These units will ultimately be settled in common stock, bringing her total restricted stock unit balance to 1,826.5729 units held directly.

Rhea-AI Summary

Fahmy Sameh reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director Sameh Fahmy received additional restricted stock units as compensation. On 2026-05-20, his account under the Norfolk Southern Corporation Long-Term Incentive Plan was credited with 7.7854 restricted stock units. These units were granted as dividend equivalent payments, based on the market value of the company’s common stock on the dividend payment date.

Each unit represents the right to receive one share of common stock in the future, so this award modestly increases his future equity stake. Following this credit, Fahmy holds a total of 1,826.5729 restricted stock units directly under the plan.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director Marcela E. Donadio received additional restricted stock units as part of her long-term incentives. On May 20, 2026, she acquired 37.2405 restricted stock units credited under the Norfolk Southern Corporation Long-Term Incentive Plan as dividend equivalent payments based on the market value of the company’s common stock on the dividend payment date.

These units will ultimately be settled in common stock. Following this grant, Donadio’s balance in this plan increased to 9,359.1831 restricted stock units, reflecting a routine, compensation-related award rather than an open-market share purchase or sale.

Rhea-AI Summary

DeBiase Francesca A. reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director Francesca A. DeBiase received a small grant of dividend-equivalent restricted stock units. On the reported date, 9.1537 restricted stock units tied to common stock were credited to her account under the company’s Long-Term Incentive Plan, bringing her total restricted stock units to 2147.5908.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director Phillip S. Davidson reported an acquisition of restricted stock units under the company’s Long-Term Incentive Plan. On 2026-05-20, he received 10.7435 restricted stock units, credited as dividend equivalent payments based on the market value of Norfolk Southern common stock on the dividend payment date.

These restricted stock units will ultimately be settled in shares of common stock rather than in cash. Following this award, his directly held restricted stock unit balance increased to 2520.5932 units. This filing reflects a routine, compensation-related grant rather than an open-market purchase or sale of Norfolk Southern stock.

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Clyburn William Jr. reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director William Clyburn Jr. received additional equity-based compensation through dividend equivalents on existing awards. On this Form 4, he was granted 7.7854 Restricted Stock Units (RSUs) on 2026-05-20, valued at $315.38 per underlying share. These RSUs were credited under the Norfolk Southern Corporation Long-Term Incentive Plan as dividend equivalent payments on RSUs he already held. Following this grant, his total RSU balance reported in this filing is 1,826.5729 units, which will ultimately be settled in common stock rather than cash. No open-market stock purchases or sales were reported.

Rhea-AI Summary

ANDERSON RICHARD H reported acquisition or exercise transactions in this Form 4 filing.

NORFOLK SOUTHERN CORP director Richard H. Anderson reported routine compensation-related awards, not open-market trades. He received 10.1408 restricted stock units as dividend equivalents under the Long-Term Incentive Plan, based on the market value of Norfolk Southern common stock on the dividend payment date. These restricted stock units will ultimately be settled in common stock and increased his restricted stock unit balance to 2,379.1805 units.

He also received 6.5216 deferred stock units under the Directors' Deferred Fee Plan from a deemed reinvestment of dividends on existing deferred units, calculated using the closing market value of the common stock on the dividend payment date. These deferred stock units, which brought his deferred unit balance to 1,512.9695 units, will be satisfied in cash following retirement or another time elected under the plan.

Rhea-AI Summary

NORFOLK SOUTHERN CORP EVP & Chief Operating Officer John F. Orr reported compensation-related stock activity involving Restricted Stock Units (RSUs) and common shares. On April 26, 2026, 8,319 RSUs were converted into an equal number of common shares as part of a long-term incentive award granted on April 26, 2024.

To cover tax obligations on this settlement, 3,247 common shares were disposed of at an average price of $320.805 per share, characterized as a tax-withholding disposition rather than an open-market sale. Following these transactions, Orr held 11,363 shares of common stock directly, and 15,622 RSUs remained credited to his account for future settlement in common stock.

Rhea-AI Summary

Huffard John C Jr reported acquisition or exercise transactions in this Form 4 filing.

Norfolk Southern Corp director John C. Huffard Jr. received a grant of 184.669 deferred stock units under the company’s Directors’ Deferred Fee Plan. The units were credited based on the $287.0000 closing market value of Norfolk Southern common stock on the last trading day of the quarter.

Following this grant, Huffard’s account holds a total of 2,941.6927 deferred stock units. These units are part of his deferred quarterly fees and will be settled in cash, not in shares, upon retirement or at another time allowed under the plan.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director Richard H. Anderson acquired deferred stock units as part of his director compensation. He received 233.4495 deferred stock units on the basis of the closing market value of the company’s common stock of $287.0000 on the last trading day of the quarter.

Following this grant, his account under the Norfolk Southern Corporation Directors' Deferred Fee Plan reflects a total of 1,506.4479 deferred stock units. These units are bookkeeping entries that will ultimately be settled in cash, not in shares of common stock, upon his retirement or at another time elected under the plan.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director Lori Ryerkerk reported an automatic award of restricted stock units. On February 20, she acquired 3.055 restricted stock units, valued at $315.715 per unit, credited as dividend equivalent payments under the company’s Long-Term Incentive Plan and ultimately payable in common stock.

Rhea-AI Summary

LAMPHERE GILBERT H reported acquisition or exercise transactions in this Form 4 filing.

Norfolk Southern director Gilbert H. Lamphere reported an automatic award of restricted stock units on February 20, 2026. He was credited with 2.6597 restricted stock units as dividend-equivalent payments, based on a reference price of $315.7150 per share, bringing his total direct restricted stock unit holdings to 624.6597 units. These units are scheduled to be settled in Norfolk Southern common stock.

Rhea-AI Summary

Norfolk Southern Corporation director Christopher T. Jones received an automatic dividend-related equity award. He acquired 22.3616 restricted stock units on the long-term incentive plan’s dividend payment date, valued at $315.7150 per unit. After this grant, his direct holdings under the plan total 5,251.9063 restricted stock units, which will ultimately be settled in common stock.

Rhea-AI Summary

Norfolk Southern Corp director Mary Kathryn Heitkamp acquired 7.744 restricted stock units. The units were credited to her account on February 20, 2026 under the Norfolk Southern Long-Term Incentive Plan as dividend-equivalent payments based on the market value of the company’s common stock on the dividend date.

After this grant, her direct holdings of restricted stock units increased to 1,818.7875 units, which will ultimately be settled in Norfolk Southern common stock.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director Sameh Fahmy reported an acquisition of 7.744 restricted stock units. The transaction occurred on February 20, 2026 and reflects dividend-equivalent credits under the Norfolk Southern Long-Term Incentive Plan, based on the market value of the company’s common stock on the dividend payment date.

After this award, Fahmy holds a total of 1,818.7875 restricted stock units directly. According to the footnote, these units are credited to the plan account as dividend equivalents on existing units and will ultimately be settled in Norfolk Southern common stock.

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NORFOLK SOUTHERN CORP director Marcela E. Donadio reported an acquisition of restricted stock units tied to dividend equivalents. On the transaction date, 37.0426 restricted stock units were credited to her account under the Norfolk Southern Long-Term Incentive Plan, based on the market value of the company’s common stock on the dividend payment date. Following this credit, she holds a total of 9321.9426 restricted stock units, which are scheduled to be settled in common stock in the future.

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NORFOLK SOUTHERN CORP director Francesca A. DeBiase reported an acquisition of restricted stock units tied to dividend equivalents. On February 20, 2026, she was credited with 9.105 restricted stock units at a reference value of $315.715 per unit under the company’s Long-Term Incentive Plan.

According to the filing, these units were credited as dividend equivalent payments on existing restricted stock units, based on the market value of Norfolk Southern common stock on the dividend payment date. After this transaction, DeBiase’s direct holdings under the plan total 2,138.4371 restricted stock units, which will ultimately be settled in common stock.

Rhea-AI Summary

Norfolk Southern Corp director Phillip S. Davidson reported an acquisition of restricted stock units tied to the company’s long-term incentive plan. He was credited with 10.6864 restricted stock units on February 20, 2026, based on the market value of Norfolk Southern common stock on the dividend payment date.

These units were credited as dividend equivalent payments on restricted stock units he already holds and will ultimately be settled in Norfolk Southern common stock. Following this credit, Davidson’s direct holdings under the plan total 2,509.8497 restricted stock units.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director William Clyburn Jr. acquired 7.744 restricted stock units on February 20, 2026 as a grant/award under the company’s Long-Term Incentive Plan. These units were credited as dividend equivalents valued at $315.715 per unit, bringing his total restricted stock units to 1,818.7875, which ultimately will be settled in common stock.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director John C. Huffard Jr. reported routine equity-related awards tied to dividend payments. He acquired 11.7198 deferred stock units under the Directors' Deferred Fee Plan, based on the closing market value on the dividend date; these units will ultimately be settled in cash after retirement or at another elected time. He also acquired 22.3616 restricted stock units under the Long-Term Incentive Plan through dividend equivalent payments, calculated on the market value on the dividend date, which will ultimately be settled in common stock.

Rhea-AI Summary

NORFOLK SOUTHERN CORP director Richard H. Anderson reported acquiring additional stock-based awards through dividend equivalents rather than open-market trades. He received 5.4114 deferred stock units under the Directors' Deferred Fee Plan, based on the closing market value on the dividend date; these will ultimately be settled in cash after retirement or another elected time. He also received 10.0869 restricted stock units under the Long-Term Incentive Plan as dividend-equivalent payments, calculated from the market value on the dividend date, which will ultimately be settled in common stock.

Rhea-AI Summary

Norfolk Southern director Gilbert H. Lamphere reported equity compensation activity involving restricted stock units and common stock. On January 30, 2026, he received 622 restricted stock units under the Norfolk Southern Corporation Long-Term Incentive Plan, each equal in value to one share of common stock and vesting in full on the first anniversary of the grant date.

On the same date, 700 previously granted restricted stock units from a January 30, 2025 award were settled in Norfolk Southern common stock, representing the sole installment of that grant. After these transactions, Lamphere directly held 3,647 shares of common stock and 1,322 restricted stock units.

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Norfolk Southern Corporation director Lori Ryerkerk received a grant of restricted stock units. On January 30, 2026, she was credited with 622 Restricted Stock Units under the Norfolk Southern Corporation Long-Term Incentive Plan. Each unit is the economic equivalent of one share of common stock and will be settled in common stock.

These units vest in full on the first anniversary of the grant date. Following this grant, Ryerkerk beneficially owns 1,336.4613 derivative securities in the form of Restricted Stock Units, held directly.

Rhea-AI Summary

Norfolk Southern Corporation director Christopher T. Jones received a grant of restricted stock units. On January 30, 2026, he was awarded 622 restricted stock units under the Norfolk Southern Corporation Long-Term Incentive Plan, at a price of $0.00 per unit.

Each unit is economically equivalent to one share of Norfolk Southern common stock and will be settled in common shares. These units vest in full on the first anniversary of the grant date. Following this grant, Jones beneficially owns a total of 5,229.5447 derivative securities reported as directly held.

Rhea-AI Summary

Norfolk Southern Corporation director John C. Huffard Jr. received a grant of 622 Restricted Stock Units on January 30, 2026 under the company’s Long-Term Incentive Plan. Each unit is economically equivalent to one share of common stock and will be settled in common shares.

The RSUs vest in full on the first anniversary of the grant date, tying compensation to the company’s future performance. Following this award, Huffard beneficially holds 5,229.5447 derivative securities related to Norfolk Southern common stock in direct ownership.

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Norfolk Southern Corporation director Mary Kathryn Heitkamp received an equity award in the form of Restricted Stock Units. On January 30, 2026, she was granted 622 Restricted Stock Units under the Norfolk Southern Corporation Long-Term Incentive Plan.

Each unit is the economic equivalent of one share of Norfolk Southern common stock and will be settled in common shares. The units vest in full on the first anniversary of the grant date. Following this grant, Heitkamp beneficially owns 1,811.0435 derivative securities in the form of Restricted Stock Units, all held directly.

Rhea-AI Summary

Norfolk Southern Corporation director Phillip S. Davidson received an equity award of 622 Restricted Stock Units on January 30, 2026 under the company’s Long-Term Incentive Plan. Each unit is economically equivalent to one share of common stock and will vest in full on the first anniversary of the grant date.

After this grant, Davidson directly beneficially owns 2,499.1633 derivative securities tied to Norfolk Southern common stock, reflecting his ongoing equity-based compensation as a board member.

Rhea-AI Summary

Norfolk Southern Corporation director Sameh Fahmy received a new equity award reported on a Form 4. On January 30, 2026, he was granted 622 Restricted Stock Units under the Norfolk Southern Corporation Long-Term Incentive Plan.

Each unit is the economic equivalent of one share of Norfolk Southern common stock and will be settled in common shares. These RSUs vest in full on the first anniversary of the grant date. Following this award, Fahmy beneficially owns 1,811.0435 derivative securities in the form of Restricted Stock Units, held directly.